A Strong start to the year for fleet orders
Oscar Sinclair, 20/02/19

​2019 is off to a strong start for rolling stock orders, according to data from IRJ Pro Fleet Monitor. Over $US 10bn has been spent on fleet orders so far this year with 4538 vehicles ordered. This year’s largest order was placed by Russian Railways (RZD) with Transmashholding for the supply of up to 3730 passenger coaches. The contract is worth $US 3.5bn excluding VAT, with an initial order of 2644 coaches and an option for an additional 1086 coaches. Taiwan Railway Administration (TRA) also signed a large contract in early January with Hitachi for the supply of 50 12-car inter-city EMUs, a contract worth $US 1.6bn.